Cerberus Capital Management’s Affiliate Buys Avon Products Inc (AVP)’s Preferred Stock

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Page 9 of 10 SEC Filing

SIGNATURE

After reasonable
inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete
and correct.

Dated: March 11, 2016

/s/ Stephen Feinberg
Stephen Feinberg, individually, and in his capacity as the managing member of Avatar GP, LLC, the general partner of Cleveland Apple Investor L.P.
Cleveland apple investor l.P.
By:    Avatar GP, LLC, its general partner
By: /s/ Stephen Feinberg
Stephen Feinberg, Authorized Signatory
AVATAR GP, LLC
By: /s/ Stephen Feinberg
Stephen Feinberg, Authorized Signatory

Attention: Intentional misstatements or omissions
of fact constitute
Federal criminal violations (See 18 U.S.C. 1001).

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